Top marketer Meewakkala appointed to HDFC board

?Senior marketing professional Rajiv Meewakkala has been appointed to the director board of HDFC Bank with immediate effect, replacing D.H.U. Kurukulartne, who resigned from the board with effect from June 6, 2015.

Tourism expert urges need for proper marketing strategy

Sri Lanka tourism needs to develop a comprehensive marketing strategy to attract the ideal tourists, and establish a think-tank for the sector, according to a leading tourism consultant in the country.  

CIMA Business Leaders’ Summit all set for tomorrow

?The flagship event of CIMA Sri Lanka, the Business Leaders’ Summit is all geared up to set sail on June 16 and 17, 2015. The much-awaited summit will commence with its inauguration on June 16, followed by the intellectual connect event on June 17.

EDB and JAAF showcase Lankan apparels to Latin America

?As Sri Lanka’s annual apparel exports closed at the crucial US $ 5 billion mark, South America’s largest apparel market was given a preview of Lankan fashion when Brazil International Apparel Sourcing Show 2015 (BIAS 2015) opened in Sao Paulo recently.

IATA clarifies ‘Cabin OK’ initiative

The International Air Transport Association (IATA) issued comments clarifying key elements of its “Cabin OK” initiative which have been misunderstood in some reporting. 

Flemingo Duty Free launches ‘Privilege’ loyalty programme

?Flemingo Duty Free is predominantly associated with innovation, customer orientation and its penchant for always increasing value for its stakeholders and esteemed clientele. Flemingo Privilege is one such venture, a rewarding loyalty programme now launched by Flemingo Duty Free. 

Verité Research forays into investment advisory services

?Colombo-based interdisciplinary think-tank Verité Research has ventured into investment advisory services, in a bid to provide prospective foreign investors with an opinion about the risks and opportunities in their chosen field of investment, backed by data and empirical analysis. 

Combating child labour through quality education

Today marks the World Day Against Child Labour, an awareness campaign launched by the International Labour Organisation (ILO) to draw attention to the 168 million children aged 5-17 engaged in child labour worldwide. 

Controversy over Chinese investment in Sri Lanka

Chinese investment in Sri Lanka is causing major problems for Sri Lanka’s President Maithripala Sirisena and has become a point of tension in Sri Lanka–China relations.

Jessica Alba’s Honest Company – A billion dollar partnership

?Jessica Alba’s Honest Company – Hollywood star power combines with green principles for billion dollar partnership Just like mothers everywhere, Jessica Alba, despite her celebrity status, found herself concerned about the products she was using on her children.

HNB introduces 7 Day Banking

?Hatton National Bank PLC (HNB), the premier private sector commercial bank in Sri Lanka, has introduced ‘7 Day Banking’ in order to better serve its customers around the country.

MAS clinches highest number of PVH Global Supply Chain Awards

?MAS Holdings was recognized at the PVH Corp. Global Supply Chain Summit held in Thailand recently. MAS Intimates received three awards in the areas of Human Rights, Sustainability and Strategic Advancement;...

Mobitel partners with Education Ministry and TRCSL to provide high speed internet to schools

?The National Mobile Service Provider Mobitel recently partnered with the Data Management Unit of the Ministry of Education and the Telecommunications Regulatory Commission Sri Lanka (TRCSL) for the launch of the School...

Performing Arts sector tipped to attract Foreign Direct Investments

?Film, teledrama & stage play producer Dr. Arosha Fernando is focusing on developing all three sectors of the performing arts in Sri Lanka as an industry, to attract foreign direct investment (FDI) in future. 

Yamaha unveils future of digital mixing at pro audio seminar

?Sri Lanka’s pro audio circuit was provided a rare preview of the future of digital sound mixing recently at a seminar in Colombo hosted by Yamaha Music Centre on the ‘Digitalisation of Terrestrial TV.’

Singer Finance debentures snapped up

?The Rs.1.5 billion debenture issue of Singer Finance (Lanka) PLC was oversubscribed on the opening day (yesterday). The company issued 10 million rated, senior, secured, redeemable debentures at the par value...

Technology, quality and hyper collaboration top priorities: Deloitte Global CEO

?Punit Renjen took the helm Monday as the new Chief Executive Officer of Deloitte Touche Tohmatsu Limited (Deloitte Global) and defined the global organisation’s priorities, led by driving a shared sense of purpose across a network operating in more than 150 countries...

Globe Mirror Industries re-launches as Globe Glass

?Globe Mirror Industries, the premier importer, manufacturer and distributor of high-end domestic and commercial glass and mirror products, recently announced the rebranding of its identity to Globe Glass in order to better reflect its current scope of operations. 

Combined forces to fuel MBSL’s growth

?The quarter ending March 31, 2015 signifies Merchant Bank of Sri Lanka & Finance PLC’s (MBSL) first quarter as a consolidated and unified entity, following the successful amalgamation with MBSL Savings Bank Ltd (MSB) and MCSL Financial Services Limited (MCSL)

Nations Trust Bank partners with Diners Club International

?Nations Trust Bank PLC (NTB), one of the fastest growing private banks in Sri Lanka, signed an agreement with Diners Club International to become the exclusive issuer and acquirer for Diners Club International in the country.

Unclassified tea planters cry foul over lack of govt. support

?A group of tea planters who have not been given a proper categorization are facing pressures in maintaining operations due to a lack of government support as well as macroeconomic issues.

World Bank projects growth to slow down

The World Bank yesterday in a report said economic growth in Sri Lanka is expected to slow down with the new government revisiting the investment-led growth model, though it will be partially offset by increase in consumption and strong tourism and remittance inflows. 

Local borrowing surges as new tax bills delayed

?REUTERS: Sri Lanka’s local borrowing through government bonds has surged, surpassing the total figure for all of last year, recent data showed, as the new government struggles to pass crucial tax bills announced in January to finance some populist measures.

Aitken Spence aims wider horizons as principals merge

?Aitken Spence PLC is looking towards wider markets in logistics with the mergers of their principals taking place in the global sphere.

Great Places to Work recognises Union Assurance again

?The Great Places to Work (GPTW) Institute recognized Union Assurance PLC – for the third year running – as a work place that is conducive to growth and personal development at the award function which was held on July 10, at Hilton Colombo. 

J. Walter Thompson-Group SJR launch Colloquial content marketing unit

?The J. Walter Thompson Company and Group SJR, a unit of Hill+Knowlton Strategies, announced the launch of content marketing unit Colloquial.

Dr. Lawrence Perera to address NHRC 2015

?Sri Lanka’s top entrepreneur, innovator and business leader Dr. Lawrence Perera – Chairman and CEO of Micro Holdings and Micro Cars Ltd – will be delivering the keynote address at National HR Conference 2015 (NHRC) to be held on June 16 and 17, 2015, at the BMICH in Colombo. 

Gas to the masses

?At the end of 2013, the Liquefied Petroleum Gas (LPG) consumption by household and commercial segments accounted for 86 percent of the total LPG consumption in Sri Lanka.

CLA partners with PB India; launches first strategy programme

?Colombo Leadership Academy (CLA) has partnered with People Business India to host a series of strategic workshops in Sri Lanka, the first of which will be ‘How To Link HR Strategy with Business Strategy’. 

Eleven young Lankans to attend 62nd Cannes Lions Int’ Festival of Creativity

?Eleven young marketing communications professionals from Sri Lanka have been selected to represent the country at the prestigious Young Lions Competitions and the Roger Hatchuel Academy in Cannes, France in June 2015.